Audience
Manufacturers and retailers interested in an AI and machine learning platform to handle pricing decisions – improving profits and sales
About PriceMind
Retailers and e-commerce vendors share many, similar challenges such as unsold inventory and determining what optimal pricing is based on numerous factors such as inventory value, competitive landscape, the calendar and consumer sentiment. To solve many of these challenges, NextOrbit has developed technology which uses AI and ML to help sellers determine what to price their products. The solution consists of the following components: The NextOrbit PriceMind platform applies AI and Machine Learning to pricing decisions – improving profits and sales. The NextOrbit DemFor performs demand forecasting resulting in better inventory turns (more sales with the same or lesser inventory). The NextOrbit PriceEye competitor price discovery platform discovers competitors, and alerts you of their prices daily (or as often as your want). Intelligent Demand Forecasting Machine learning and human judgement - We help combine best of both worlds. We incorporate the impact of local events
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Integrations
No integrations listed.
Company Information
NextOrbit
Founded: 2014
India
www.nextorbit.com/en/
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Product Details
Platforms Supported
SaaS
Training
Live Online
Support
Phone Support
Online
PriceMind Product Features
Pricing Optimization
Forecasting
Market Analysis
Price List Management
Pricing Analytics
Profitability Analysis
Channel Analysis
Competing Product Analysis
Multi-Store Management
Price Optimization Automation
Scenario Planning